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BFSI Sales Executive V - Remote - Chicago

Specializes in identifying, developing, and closing opportunities with new or existing customers the deliver incremental profitable growth and positive customer experiences. Owns and develops customer relationships, collaborating with both customers and internal resources to address customer and company priorities. Leverages subject matter experts and provides solutions aligned with business-unit priorities to satisfy customer needs. Responsible for the full sales cycle, from winning new customers to growing share of wallet in targeted existing customers for Rackspace. Utilizes industry knowledge to differentiate Rackspace and to acquire new customers and drive new footprint. Builds deep relationships with strategic customers and prospects, presenting viable IT and business solutions. Utilizes an entrepreneurial mindset to develop a hunting list of target customers aligned with Rackspace's multi- cloud solutions. Engages with C-suite executives, leveraging executive presence and emotional intelligence to understand customer challenges and competitor behavior to translate technology into impactful business solutions. Plans and executes pursuit and win strategies for specified opportunities, leads account reviews, and provides support to ensure successful development and implementation of strategic account plans, all while embodying Rackspace's core values in the sales arena. Higher-levels responsible for large deal business development and retention of strategic new customer acquisitions and high-value existing customers to generate sustainable revenues in line with business objectives.


Career Level Summary
  • Recognized as an expert within the company and requires in-depth and/or breadth of expertise in own job discipline and broad knowledge of other job disciplines within the organization function
  • Solves unique problems that have a broad impact on the business
  • Contributes to the development of organizational sub-function strategy
  • Progression to this level is typically restricted on the basis of business requirements


Critical Competencies
  • Excellence: Exceeds expectations by consistently demonstrating accountability, discipline, high performance, and a proven track record of exceptional results.
  • Customer-driven: Prioritizes customer needs and satisfaction through collaborative and proactive problem-solving, and an unwavering commitment to customer success.
  • Expertise: Possesses deep understanding of customer needs and continually grows and enhances skills to provide customer-focused solutions.
  • Agility: Quickly adapts and responds to dynamic customer needs and expectations through innovative solutions.
  • Compassion: Cultivates a positive and supportive environment to effectively work together towards a common goal, fostering trust within Rackspace and with external stakeholders.


Key Responsibilities
  • Other Incidental tasks related to the job, as necessary.
  • Responsible for full sales cycle from lead to close.
  • Builds and owns account plans, including pursuit plan, timeline, deliverables, and goals, for named prospects and strategic accounts assigned to them.
  • Builds and owns integrated portfolio plan to prioritize activities targeted at prospects and customer base.
  • Provides input into additional strategic pursuits within territory that align with overall Rackspace competitive strategy.
  • Coordinate with Marketing and BDRs to select targeted marketing plays to run for sales plays.
  • Leads defined sales process for all Rackspace solutions.
  • Conduct targeted outbound prospecting within assigned accounts. Collaborates with sales support on outbound efforts and lead generation activities.
  • Utilizes business relationships to drive new business opportunities for new and/or existing enterprise accounts.
  • Engage potential customer to understand high-level needs and verify right fit for Rackspace solution and to qualify leads based on set framework.
  • Performs proactive assessments of how well Rackspace solutions meet the customer requirements and what customization would be required; presents the assessment to customers as part of the sales process.
  • Lead efforts to create proposal for solution to prove value add. Provides customers with Rackspace product offering based on facts and an understanding of their current/future business needs and objectives.
  • Develops and delivers innovative strategies that benefit customers and/or customers.
  • Develops and nurtures relationships with key stakeholder to drive decisions that result in the close of the sale.
  • Leads the negotiation, closure, and documentation of customer contracts and renewals.
  • Recognized as an expert within Rackspace.
  • Proactively identifies and participates in the resolution of complex problems that impact the direction of the business
  • Identifies opportunities to create promoter Partners & Customers and works to identify new ways to leverage our product set in order to delight them.
  • Cultivates and maintains strong relationships with Support Teams, Account Managers and Sales Support Teams.
  • Works closely with Sales Engineers, Technical Sales Reps to perform in depth assessment of customer needs and infrastructures.
  • Utilizes business relationships to drive new opportunities.


Knowledge
  • Expert-level knowledgeable in professional sales training and sales process
  • Expert-level understanding of the processes, procedures and systems used to accomplish the work and familiarity with the broader underlying concepts in own job discipline
  • Expert-level knowledge of Rackspace product portfolio, strategy, competitors, and customers


Skills
  • Analytical Skills
  • Buying Process Skills
  • Client/Customer Service
  • Data-driven Decision Making
  • Leadership
  • Negotiation Skills
  • New Account Acquisition Skills
  • People Management
  • Public Speaking
  • Presentation Building
  • Quality Assurance
  • Sales Lead Generation Skills
  • Sales Management
  • Sales Operations Management


Education
  • High School Diploma or regional equivalent required
  • Bachelor's Degree required, preferably in field related to role. At the manager’s discretion, additional relevant experience may substitute degree requirement


Experience
  • 12 - 14 years of experience in the field of role required


Travel
  • Domestic/international travel required, greater than 50%


Disclaimer
  • The above information has been designed to indicate the general nature and level of work performed by employees in this classification. It is not designed to contain or to be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of the employee assigned to this job.


Are you a Racker?

Rackers thrive in fast-paced environments built to inspire learning, growing, and innovating.

 

They are mission-inspired, values-grounded, culture-focused, and dedicated to making a positive impact in everything they do.

 

Rackers are inherently wired to solve problems and share ideas in small, nimble teams.

 

As experts in what they do, Rackers are serious about delivering a Fanatical Experience™ to our customers.

Rackers are valued members of a winning team on an inspiring mission and we want you to join the Racker family!

 

Why work at Rackspace Technology?

Find your fanatical. We deliver the best customer experience in the industry to businesses that perform life-saving research, power cities, and feed millions.

 

Come as you are. Cultivating inclusion is not just the right thing to do, it enables us to win. Our Executive Inclusion Council and Racker Resource Groups (RRGs) partner to enable an inclusive workplace and drive initiatives such as Rackspace’s participation in the annual Texas Conference for Women.

 

Satisfy your curiosity. No matter where you are going, we can help you get there. Our internal learning department, Rackspace University®, provides training and development to Rackers – from Microsoft™ certifications to effective leadership training – our goal is to help you grow.

 

Make a difference. At the core of every Racker is a drive to leave the world better than we found it, and we are passionate about giving back to our communities across the globe. While Rackers can leverage paid volunteer time off for any cause, our Rack Gives Back program creates opportunities for Rackers to give their time and talent to others.

 

Live life completely. We offer a well-rounded suite of health and wellness programs that help our Rackers achieve a healthy and balanced lifestyle. So while our Rackers are busy taking care of our customers, we take care of our Rackers.

 

 

#LI-Remote #LI-CM1

 

        The following information is required by pay transparency legislation in the following states: CA, CO, HI, NY, and WA. This information applies only to individuals working in these states. 

        The anticipated starting pay range for Colorado is: 201,900 – 296,120

        The anticipated starting pay range for the states of Hawaii and New York (not including NYC) is: 215,000 – 315,260

        The anticipated starting pay range for California, New York City and Washington is: 235,200 – 344,960

        Unless already included in the posted pay range and based on eligibility, the role may include variable compensation in the form of bonus, commissions, or other discretionary payments. These discretionary payments are based on company and/or individual performance and may change at any time. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, licenses and certifications, and specific work location. Information on benefits offered is here.

Average salary estimate

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$201900K
$344960K

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What You Should Know About BFSI Sales Executive V - Remote - Chicago, Rackspace

Are you ready to take the next big step in your sales career? Rackspace is looking for a BFSI Sales Executive V, fully remote and based in Chicago. In this dynamic role, you'll specialize in identifying and developing opportunities with both new and existing customers, focused on delivering profitable growth and exceptional customer experiences. Your key responsibility will be owning and nurturing customer relationships, collaborating with internal resources to align on priorities and enhance solutions that meet business needs. You'll be driving the full sales cycle—from winning over new clients to expanding existing accounts—and utilizing your industry expertise to highlight what makes Rackspace stand out in the multi-cloud solutions market. With your entrepreneurial mindset, you’ll develop a targeted list of prospects and strategically engage with C-suite executives, leveraging your emotional intelligence to translate complex challenges into impactful, technology-driven business solutions. Building and maintaining strong relationships is vital, as you'll collaborate closely with sales engineers and account managers, ensuring a seamless journey for our clients and contributing to our mission of delivering a Fanatical Experience™. Join us at Rackspace, where we thrive on innovation, inclusivity, and making a positive impact.

Frequently Asked Questions (FAQs) for BFSI Sales Executive V - Remote - Chicago Role at Rackspace
What are the primary responsibilities of a BFSI Sales Executive V at Rackspace?

As a BFSI Sales Executive V at Rackspace, you'll be responsible for managing the full sales cycle, from lead generation to closing sales. Your role includes developing customer relationships, creating tailored account plans, coordinating with marketing efforts, and leading proposals for IT solutions. You'll also conduct market assessments and participate in strategic account planning to ensure alignment with business objectives.

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What qualifications are needed for the BFSI Sales Executive V role at Rackspace?

To qualify for the BFSI Sales Executive V position at Rackspace, you should have 12-14 years of experience in sales, preferably within the financial services and insurance industry. A Bachelor's degree is required, and strong expertise in the sales process and Rackspace's product portfolio is essential. Excellent analytical, negotiation, and relationship-building skills will set you apart.

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How does Rackspace support the professional development of a BFSI Sales Executive V?

Rackspace is dedicated to nurturing the growth of its employees. As a BFSI Sales Executive V, you can benefit from Rackspace University®, which offers a suite of training programs from technical certifications to leadership training. This commitment to continuous learning ensures that you stay at the forefront of industry trends and customer needs.

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What does success look like for a BFSI Sales Executive V at Rackspace?

Success for a BFSI Sales Executive V at Rackspace is measured by your ability to grow revenue through new customer acquisition and retention of high-value existing clients. Building strong relationships, executing effective sales strategies, and providing exceptional customer service are key indicators of your success in this role.

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What is the company culture like for a BFSI Sales Executive V at Rackspace?

The culture at Rackspace is vibrant and people-focused, fostering an environment where employees are mission-driven and values-grounded. As a BFSI Sales Executive V, you'll be part of a team that embraces innovative thinking and collaboration, encourages diversity and inclusion, and values the importance of making a positive impact on clients and the community.

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Common Interview Questions for BFSI Sales Executive V - Remote - Chicago
How do you approach developing relationships with C-suite executives as a BFSI Sales Executive V?

In interviews, emphasize your strategic approach to relationship-building by highlighting your understanding of the executive mindset, the importance of aligning solutions with their business goals, and your ability to communicate effectively. Share examples of how you've successfully engaged with executives in the past.

Join Rise to see the full answer
What strategies do you use for closing sales deals in a competitive landscape?

Discuss your thorough research on prospects, the use of customized proposals, and how you leverage customer pain points to differentiate your offerings. Share examples of specific tactics you've used, like objection handling or crafting compelling value propositions, to close deals effectively.

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Can you describe your experience with account planning and management in previous roles?

Talk about your systematic approach to account planning, including creating detailed timelines, deliverables, and goals for each account. Provide insights into how you've prioritized your activities based on customer potential and aligned with broader company objectives.

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How do you ensure that you meet or exceed sales targets?

Outline your goal-setting methods and how you track progress against these goals. Mention your reliance on data analysis, consistent follow-ups, and pipeline management to stay on top of your sales targets.

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What role does teamwork play in your sales process?

Emphasize the collaborative nature of sales at Rackspace. Discuss how you partner with internal teams, particularly sales engineers and marketing, to craft solutions that meet customer needs effectively and enhance customer satisfaction.

Join Rise to see the full answer
How do you prepare for meetings with potential clients?

Convey your thorough preparation process, detailing how you research the client's business, understand their positions and challenges, and prepare tailored proposals that address their specific needs. Providing real-life examples will strengthen your answer.

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What has been your biggest challenge in sales, and how did you overcome it?

Discuss a specific challenge you faced, such as a tough negotiation or a highly competitive sales environment, and detail the steps you took to navigate the situation. Highlight your learning outcomes and any adjustments you made to improve future approaches.

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How do you handle customer objections during the sales process?

Share your techniques for handling objections, which may include actively listening, empathizing with the customer's viewpoint, and responding with well-prepared counterarguments. Provide illustrative examples where your response led to a successful closure.

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Why do you want to work for Rackspace as a BFSI Sales Executive V?

Articulate your alignment with Rackspace's mission and values. Highlight your excitement about being part of a company known for innovative cloud solutions and providing exceptional customer experiences. Make a connection to your personal career goals.

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How do you stay informed about industry trends and changes?

Discuss your strategies for keeping updated with the BFSI sector, which may include following relevant publications, attending conferences, and networking with industry professionals. This showcases your commitment to remaining knowledgeable and adaptable.

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Founded in 1998, Rackspace provides multi-cloud computing solutions and services. Offering advising to customers based on business challenges, designing solutions, building, and managing solutions. The company is headquartered in San Antonio, Texa...

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Full-time, remote
DATE POSTED
January 3, 2025

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